Microwave Vision SA reported consolidated earnings results for the year 2015. For the period, the company reported revenue of EUR 60.1 million against EUR 56.7 million a year ago. EBITDA was EUR 5.5 million against EUR 7.0 million a year ago.

Current operating profit was EUR 3.2 million against EUR 5.0 million a year ago. Operating income was EUR 0.4 million against EUR 4.1 million a year ago. Net loss was EUR 0.8 million or EUR 0.1 per share against income of EUR 2.6 million or EUR 2.3 per share a year ago.

Net cash flow stood at EUR 17.4 million, higher than on June 30, 2015, when it was EUR 15.5 million. This change is due to some revenue being deferred from 2015 to 2016 after changes were made to the production calendars of some European projects (Pit Radwar) and after some contracts in the United States were signed later than expected.